Reflexivity in Crypto and the BDP Data Market

Reflexivity is a critical concept to understand for crypto market participants. What is it? Wikipedia defines reflexivity as ”the self-reinforcing effect of market sentiment, whereby rising prices attract buyers whose actions drive prices higher still…The same process can operate in reverse leading to a catastrophic collapse in prices.” Crypto is incredibly reflexive. An example of positive … Read more

Serum Partners with Magic Eden, Powering SFT Marketplace for Genopets with its Asset Agnostic…

Project Serum Jul 27 · 2 min read The Serum community is excited to announce partnership with Magic Eden, the leading NFT marketplace on Solana, powering the first Semi-Fungible Token (SFT) marketplace with its Asset Agnostic Orderbook (AAOB). The first game utilizing this marketplace is the popular move-to-near NFT game Genopets. With the SFT marketplace, … Read more

The sUSD Bridge has been enabled

The Bridge to transfer sUSD between mainnet and Optimistic Ethereum is now live. Right now, all transfers of sUSD must be done through direct contract interactions. A guide has been prepared to make it user-friendly to transfer sUSD between chains. Soon, the Optimism Gateway will support sUSD, and it will be even easier to transfer … Read more

Bancor Update — July 16, 2022

The Bancor DAO continued developing recovery plans aimed at restoring token reserves on the protocol. Current plans focus on: fee allocation expanding fees fee burning protocol analytics 1. Fee Allocation Governance discussions are underway to determine the best allocation of protocol fees to help restore TKN deficits on the protocol. Three models are up for … Read more

Synthetix 2022 Release Milestones – Halfway Review and Deep Dive

We’ve reached the year’s halfway point, so it’s a good time to revisit key milestones for 2022. It’s been an exciting six months thus far with several highly anticipated features hitting mainnet and driving $100-200m in daily trading volume through the Synthetix protocol. As Kain mentioned on Twitter, sights have been set high and the … Read more

DeFi Saver Smart Savings as a convenient access to yield: now with Convex integrated

We initially introduced our Smart Savings dashboard back in early 2020 as a tool to provide unified access to yield-providing protocols, which included Compound, Aave and dYdX stablecoin pools back then. This was at a time when Idle finance just rolled out their pooled solution for an automated rebalancing between Compound and Aave and Yearn … Read more